Ronald Reagan actually said...

Your service to the Nation in this capacity, especially your support of the Administration's economic program, has been greatly appreciated.

Letter Accepting the Resignation of Michael Cardenas as Administrator of the Small Business Administration

02/02/1982

More Ronald Reagan Quotes

We are keeping the safety net, and yet, at the same time, we're making the savings that can bring back the economy.

It is pessimism based on past experience that over the years we've had seven to eight recessions since World War II.

Our goal is to bring government down to the balanced budget.

Reducing the defense budget.